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February 6, 2009

A Boost in Online Money Courses

Alina Dizik:

ince September's financial meltdown, community colleges and universities offering free personal-finance courses online have seen a sharp increase in enrollment.

Many people are turning to the more than 180 business courses offered through the OpenCourseWare Consortium -- a group of about 250 universities world-wide, including the Massachusetts Institute of Technology and University of California-Irvine. These courses aren't exactly classes, but they offer free access to online syllabi and study materials, along with lecture notes and exams.

An MIT initiative called OpenCourseWare offers business courses online.
One course, "Fundamentals of Financial Planning," has seen a 27% increase in traffic since September, according to the school. With 48,000 viewers, it has become the most popular of the University of California-Irvine's OpenCourseWare offerings, the school says. Class takers are given worksheets and assessments to help them negotiate topics like college planning and retirement savings, says Gary Matkin, dean of continuing education. "It's a cross between a reference and a learning experience," says Mr. Matkin. As more people are affected by the downturn, he expects the number of course takers to grow.

Posted by Jim Zellmer at February 6, 2009 6:59 AM
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